2023-05-26 11:44:43
For the morning of this Friday, May 26, the dollar is listed on the stock market at $4,493, this represents an increase of $50 pesos compared to the opening price of the previous day. The Market Representative Rate (TRM) for the day is $20 lower than the quoted price during the opening. According to the daily report of the Financial Superintendence, this is $4,470.
Trading prices during the day will be a maximum of $4,499 and a minimum of $4,440. The reference values for buying and selling in exchange houses are $4,210 for sale and $4,350 for sale. Remember that these values are obtained from an average between several exchange houses, so they may vary depending on the place where you make the transaction.
How can you explain the behavior of the dollar?
According to the newspaper La República, it is unlikely that the dollar will present a significant fall in its price. According to Moody’s Investors Service, the US dollar’s liquidity, safety and lower transaction costs would still ensure the currency’s dominance.
On the other hand, the prices of a barrel of oil collapsed yesterday. For the beginning of this day the value is around $70 and $71 dollars. This represents a decrease in its price of approximately $6 dollars. The meeting of the OPEC member countries is awaiting to know the measures that will be taken regarding the hydrocarbon.
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